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Silver Archives

Gold Investments Market Update - US Jobs Report Less than Expected; Based on BLS Statistical Assumptions

Gold was down $12.90 to $931.90 in New York yesterday and silver closed at $18.28, down 5 cents. Gold remained at these levels in Asia but has fallen near to yesterday’s lows in early trading in Europe. Oil has fallen marginally and the dollar is flat after yesterday’s strong gains. Yesterday gold ... Jul 04, 2008 8:25AM

Fundamental analysis for precious metals silver - 7/4/2008

Trading for silver is still confined among 38.2% and 50.0% Correctional Levels and the decline yesterday provided more upside momentum as the 38.2% at 18.00 is capable of providing demand until now, and as long is trading is above this level targets are most likely to be set at 50.0% of 18.65. The t... Jul 04, 2008 5:51AM

Silver Fallacies

I recently read an "advotorial" suggesting silver to be a fantastic investment, and I could not agree more. However, the author was stating that all short positions have to eventually be covered with physical silver and that when this took place there would be a price explosion. Jul 03, 2008 11:03AM

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